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05.12.2024

Company news: Kroger (KR) posts mixed quarterly results

Kroger (KR) reported Q3 FY2024 earnings of $0.98 per share (versus $0.95 per share in Q3 FY2023), marginally beating analysts’ consensus estimate of $0.97 per share.

The company’s quarterly revenues amounted to $33.634 bln (-1.0% y/y), missing analysts’ consensus estimate of $34.193 bln.

KR fell to $59.60 (-0.52%) in pre-market trading.

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